Controversial land deals on the tiny island of Rum Cay are at the centre of a Supreme Court action by a company which alleges that its property has been sold off fraudulently by other parties to unsuspecting foreigners. <\/P><\/p>\n
A writ filed by Nassau lawyers on behalf of Newport Habour Ltd against Raymond and Merrill Macdonald is expected to bring to a head a simmering dispute over large tracts of property on the island. <\/P><\/p>\n
The land involved belonged to the late Florida lawyer Effie Knowles, a Bahamian who pursued a successful career in the States and was apparently an associate of the late Franklin Delano Roosevelt. She died in the early 1980s.<\/P><\/p>\n
Ms. Knowles claimed to own other vast tracts on other Family Islands which are now at the centre of various disputes.<\/P><\/p>\n
Newport Harbour is claiming damages for alleged “fraudulent conveyances” by the Macdonalds of land “legally and beneficially owened” by the company. <\/P><\/p>\n
It also seeks a declaration that the company remains the legal and beneficial owner of all Effie Knowles’ land in the Bahamas. <\/P><\/p>\n
Rum Cay, with a population of only 50, has suddenly become popular with wealthy US investors because of its new surfaced runway. <\/P><\/p>\n
One fear is that the new strip is being used at night by drug traffickers flying north from Colombia. <\/P><\/p>\n
Earlier this year, a small plane belonging to a resident was set ablaze at the airport during the night. Another islander found his aircraft’s fuel line slashed. <\/P>
\n
Source: The Tribune<\/B><\/p>\n","protected":false},"excerpt":{"rendered":"
Land boom creating bad feelings with several tracts at the centre of dispute.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10223285771444175_51037792744":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[12],"tags":[],"class_list":["post-245438","post","type-post","status-publish","format-standard","hentry","category-headlines"],"_links":{"self":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/245438","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/comments?post=245438"}],"version-history":[{"count":0,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/245438\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/media?parent=245438"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/categories?post=245438"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/tags?post=245438"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}